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Search Results 0 to 2 of about 3 (some duplicates have been removed)
CNN
Nov 24, 2012 6:30am PST
'm christine romans. a painful election is behind us. now the hard work begins. creating middle class jobs. it used to be a ticket to the middle class was by making things. but what are we making these days, and where is the middle? take a minute to look around your living room. your tv, the jaens you're wearing, the lamp next to you, all of those things likely aren't made in the usa. it's a trend, of course, long in the making but made worse by the great recession. when more than 2 million manufacturing jobs were lost. since june 2009 when the recession ended, just 241,000-of-those manufacturing jobs have come back. that's according to government data. for years, for years, conventional wisdom was we don't need to make stuff here. we'll invent it in america and then become a service-based economy. well, here we are, and these new service sector jobs aren't paying off, literally. right now a job in the leisure and hospitality sector averages $13 an hour. that's $27,000 a year, if you work full-time. retail, not much better. average hourly rate, about $16 an hour. this is the average. it ta
CNN
Nov 10, 2012 6:30am PST
not just us but potentially the world back into a recession. next on the list, jobs. hiring is picking up, but we must do better. the middle class has been hit hard. its wealth fell 28% in the last decade. why? >> changes that were taking place in china. >> some emerging markets like china. >> china needs the united states. >> mostly by keeping its currency low, china can sell products for less than they're worth, making it hard for american companies to compete. that means fewer jobs and lower wages here in the u.s. we need a smart trade policy that protects american workers without hurting american businesses. america needs a 21st century workforce. that comes through education. to keep our place at the top, we need science, engineering and math skills taught earlier and with more efficiency. these four things, the fiscal cliff, jobs, china, education, they could define president obama's legacy and maybe immigration reform too. let's start at the top of that list. the most pressing issue, the fiscal cliff. you've seen the big picture, potentially the larges tax increase in history. here
Search Results 0 to 2 of about 3 (some duplicates have been removed)